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  3. Investing and goals: resources & ideas

Investing and goals: resources & ideas

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  • M Offline
    M Offline
    mikeiow
    wrote on last edited by
    #1

    Perhaps a bit off topic (delete if needed!), but maybe a slightly philosophical thread to ease into the year 😁

    We enjoyed, as most, a very healthy financial 2024…although coughs, splutters and the lurgy wiped out some of December for us. Hard to tell where markets will move this year, even if many expect some corrections ahead. Staying invested remains a goal, although when you aren’t working, ‘buying the dip’ becomes more of a challenge 😉

    As someone coming up to 4 years without a paid job, I tend to spend these darker days plotting & planning ahead….some comedy, skiing then a summer of IOW & festivals beckons…with thoughts of a hitherto never attempted trip down under - !ǝsnqɐ oʇ ʎʇᴉlɐʇᴉdsoɥ ɥʇᴉʍ ,ZN puɐ zO ʇnoqɐ pǝɹǝʇʇɐɔs slɐd puɐ sǝʌᴉʇɐlǝɹ ǝʌɐɥ ǝM 👀

    Not to mention binging the superb Gavin & Stacey, enjoying a great Wallace & Grommit (cracking!), having a mighty fine week with ‘the kids’. Good food, great company, what’s not to enjoy 🍻
    Oh, & a firm recommendation for seeing the Monet exhibition currently showing at the Courtauld Gallery in London 👨‍🎨

    There are countless sources of financial guidance beyond these (useful) chats. Some make sense in parts, others feel a bit wacky.

    One I wanted to mention was this recent James Shack masterpiece.
    Retirement is so much more than just about the money (although clearly money helps), & I think he nails it in 23 bullet points. A very wise head on young shoulders 💪

    Welcome any other ideas you have for the year ahead 👍

    Anyway, on with the day, as you were, stand easy 😎

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    • L Offline
      L Offline
      leef44
      wrote on last edited by
      #2

      Thanks, that was definitely a worthwhile video to watch. I've only recently started my retirement journey and pretty much covered all the angles but there are a couple of pointers in there which I needed to think about e.g. LPOA.

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      • M Offline
        M Offline
        mikeiow
        wrote on last edited by
        #3

        I find James Shack perhaps the most logical and straightforward YouTuber on the topic of pensions. Some others are good, but he is clear and crisp 👍

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        • 2 Offline
          2 Offline
          2BToo
          wrote on last edited by
          #4

          I'll second that - good video. Thanks for the link.

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          The value of your investments can go down as well as up, and you may get back less than you invested.

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